Results of the first day. Balance 48.5 +3.5% Today the market is calm and there wasn't much time to trade, so not too much happened. There were also a couple of trades on another platform, but I can't write about that here. Wishing everyone well and see you tomorrow 🤝
What to do if you have been liquidated and you are crushed?
Guys, I want to share my trading experience. I was liquidated 4 times in a year; the last liquidation was in October, and here is what I understood during this time.
My first liquidation happened due to a gross mistake: I took on too many positions according to risk management, but did not take into account that if all positions start to fall, I would not have enough liquidity. I was liquidated, and I started to make additional investments, meaning I was playing in a casino. This was my mistake — I tried to recover the previous volumes in one trade, meaning I went all-in and subsequently lost 3 more times.
So what to do? You need to take a break and change your field of activity to something unrelated to cryptocurrency for at least 2 months. I understand that it is hard to get used to less profitable topics, but believe me — it is necessary. I also recommend changing exchanges or accounts to forget about old problems and start with a clean slate.
A lot of liquidations have gathered at the level of 95.370 It would be profitable to take the liquidations from shorts and go down to 89-91 Write your opinion on the market in the comments $BTC
❗️🇺🇸The Fed will lower interest rates by 0.25% in December. The Fed will lower the interest rate to a range of 3.5% - 3.75% by the end of 2025. The risk of renewed inflation growth in 2025 has increased. — Analysts, RTRS survey.